Thing is, it stopped being a "private residence" when it became a business of hospitality. Despite what Airbnb will claim, Airbnb's clients are absolutely opera

Thing is, it stopped being a "private residence" when it became a business of hospitality. Despite what Airbnb will claim, Airbnb's clients are absolutely operating as a hotel and should be governed as such (which has the nasty side effect of probably killing the business). The second they start having to obey zoning regulations, building codes, taxation & insurance the way hotels do, their valuation drops precipitously.